The 162 – Investor  Visa is for genuine business people with an investment career who are committed to investing or business in Australia.

This visa enables you to:

  • Make a designated investment
  • Travel in and out of Australia any number of times as long as the visa is valid
  • Have your family accompany you to Australia. They will have access to work and study rights
  • Establish a pathway to permanent residence.

There are basic requirements for this visa, listed as follows:

  • You must be under the age of 45 years old at the time of submitting the application
  • You must have vocational English
  • You must intend to make a Government approved the designated investment of AUD1,500,000 in a State/Territory for 4 years
  • You had net assets in a qualifying business of AUD200 000 for at least two of the four fiscal years immediately before you apply
  • The annual turnover of your main business must have been at least AUD500 000 in at least two of the four fiscal years immediately before you apply
  • In addition, for at least 1 of the 5 past fiscal years, you must have owned at least:
    – 51 per cent of the business where the turnover is less than AUD400 000 per annum
    – 30 per cent of the business where the turnover is AUD400 000 or more per annum
    – 10 per cent where the business is a publicly listed company or
  • You maintained direct involvement in managing your eligible investments. The total value of that investment was at least AUD1,500,000.
  • The net value of your assets was at least AUD2,250,000for the two fiscal years immediately before you apply.
  • You have a total of at least three years experience of direct involvement in managing one or more main businesses or eligible investments
  • You have demonstrated a high level of management skill in relation to an eligible investment or qualifying business activity

If you are married or in a de-facto relationship for at least 12 months prior to applying, your spouses’ assets may be included and combined to total the net assets and total investments required above.

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